I like the first method (no seed phrase) because the backup is protected by the access code and you would have to lose all three cards at the same time to lose your crypto. Although I own two other hardware wallets that use 12 or 24 seed words, it's an added expense to buy a metal backup and they are in human readable form, which has always seemed like a risk to me. If you store a metal (or paper) backup of your seed words with a trusted friend or relative, there is always the chance that somebody might find them by accident, take a photo or write them down, and your crypto would be gone. If they find the backup Tangem card, even if they download the app it's protected by the access code. Just make sure to NEVER store two cards together. Thanks and great channel, keep up the good work.
I totally agree and this is why even after years buying crypto on a centralized exchange I could not get myself to use a hardware wallet until Tangem came out. I think if you pick a passcode that you have 100% confidence you couldn't possibly forget, then I understand you can also remove the option to have it reset, in which case your only security vulnerability would be losing all three cards.
@johnnymiranda....may i ask a question?..are those cards and your phone sync together? does the cards always have a record of what's in your phone? in case you phone gets lost...thanks...Hi @Mikita101...thanks for your video
Great video! Just wondering does the app provide price tracking for coins in a number of currencies? For example I'm from Australia and want to see what Bitcoin is worth in AUD? Thanks in advance!
It supports most of the altcoins, but if you have something specific in mind, it’s better to visit the Tamgem website. They have a list of all supported coins with a search bar there.
Very good video. Short, to the point, well edited, very good prodtion quality. Maybe you could do a follow up video showing hiw the app itself works for depositing and withdrawals.
@@Mikita101 I have to hold back when I watch movies or go to live concerts, because I see all the stuff you're not supposed to see. Sometimes it can be annoying if I just blurt it out. 😅
I actually answered this question on the channel. You will be able to use the wallet in case of bankruptcy, or even if app will be deleted from the App Store
Great review. I just bought the classic wallet earlier this year. Can we still use the old one, i don't want to spend more money since i just bought it and i don't need the seed phrase?
If you are not planning to use it with the seed phrase, there is no need to upgrade. Cuz, basically it’s the same wallets, but the new one has updated design and option to import seed phrase
Thanks so much! So you are saying we dont really need to use the seed phrase? Heaven forbid, in the event the phone is lost but we still have our 2 cards, are our funds recoverable? Appreciate you!
I hoping someone can answer my question here: I just had my Tangem 3 cards a week ago and it's all up and running now. But my question is, say I lost my phone where I have all my cyptos, I can retrieve them all from the cards? if there's always changes like crypto transaction in the phone that I have lost, how does the cards can have all the copies identical to the phone that have lost? Is the phone and your cards sync together?
Yes, you can easily restore access to your wallet. And here is how it works. 1) All your crypto is stored on a blockchain. It’s like having a bank vault, and only you can access it using a digital key. 2) Tangem cards are digital keys that provide you access to your assets. 3) The phone is only the interface that displays information. There is actually nothing stored on the phone. And there is no sync between cards and phone.
@@Mikita101 thanks for taking time to answer. answer # 1 All my cryptos are stored in the blockchain. You're saying everyone's crypto, correct? Thx What's the difference with tangem and Trezor wallet now?...they're the same?.. Are the trezor also considered digital keys, I also have those trezor wallet...thanks for the reply Mikita 101, appreciate it
Do you know if Tangem have changed their interface on the IPhone App, since I do not see the "Add Wallet" feature when I clicik on the three dots in the top left of the home screen?
Hello, Friends, I have a Ledger and would like to buy also the Tangem. Can I set the Tangem so that it functions like a "parallel" to the Ledger? I.e. can I have two different hardware solutions that back-up each other? Or do I have to choose just one of them and forget the other? Thank you very much!! Pavel
I want to create my tangent wallet with the seed phrase from my Exodus wallet. What will happen with my Exodus wallet as a result? - will the funds be gone on my Exodus wallet? will my Exodus wallet still be active with the same phrase? - will I then have two wallets (Exodus and Tangem) with identical seed phrases? Thanks for all you do and your help
@@Mikita101 thank you for your answer. My exodus supports THETA coin but Tangem does not. Will this be a problem? Great work and easily understood narrative 👍👍👍👍
Hello I Bought the Tangem 2.0 3 cards and I accidentally clicked on create wallet and I was not able to to get a seed phrase,. Is there a way to start all over and generate 12 or 24 seed phrase just in case I loose all 3 cards ?? Thanks
Yes, you can reset you cards in the app settings. And then setup your wallet using Seed Phrase. WARNING ⚠️ You’ll need to transfer all your funds to some other wallet first. Otherwise you’ll lose all your funds.
You’ll need to import old wallet to the new phone in the app, and then you can continue using your crypto. As long as you remember access code or have at least two card, that’s not a problem
Thank you 🙏🏼 for the videos! Very helpful! I recently set up my 3 cards. During the set up it prompted me to scan all three cards. I set up the access code. Card #1 I can access. However card #2 & #3 when I try to use them, it’s states it’s the wrong access code. Where did I go wrong?
Yes the color of the kislux is beautiful and it is a great decision, maybe one day they will add feet and straps. It would be nice to have a bigger bag during the colder months when we have to store gloves, beanies, scarves, etc…
Enjoy a 10% discount on any Tangem order: bit.ly/47RgLUf
Promo code: Mikita
Hello. How do i add bitcoin lightning to my tangem wallet? Is there such a thing? How do you transfer bitcoin through the bitcoin lightning network?
I like the first method (no seed phrase) because the backup is protected by the access code and you would have to lose all three cards at the same time to lose your crypto. Although I own two other hardware wallets that use 12 or 24 seed words, it's an added expense to buy a metal backup and they are in human readable form, which has always seemed like a risk to me.
If you store a metal (or paper) backup of your seed words with a trusted friend or relative, there is always the chance that somebody might find them by accident, take a photo or write them down, and your crypto would be gone. If they find the backup Tangem card, even if they download the app it's protected by the access code.
Just make sure to NEVER store two cards together. Thanks and great channel, keep up the good work.
I totally agree and this is why even after years buying crypto on a centralized exchange I could not get myself to use a hardware wallet until Tangem came out. I think if you pick a passcode that you have 100% confidence you couldn't possibly forget, then I understand you can also remove the option to have it reset, in which case your only security vulnerability would be losing all three cards.
@@anticharlatan5823 so no seed phrase, if phone is lost/stolen (God forbid) our crypto still safe as long as we have at least 1 card? 🧐
Thanks Mr Mikita For Making 🇯🇵 Crypto 🇬🇧 Great 🇮🇹 Again 🇫🇷 In 2024 🐉🐉! From Aotearoa 🇳🇿
I love my Tangem wallet. Super easy to use.
Totally agree 👍🏻
@johnnymiranda....may i ask a question?..are those cards and your phone sync together? does the cards always have a record of what's in your phone? in case you phone gets lost...thanks...Hi @Mikita101...thanks for your video
Left a like and subscribed because this was the best tutorial.
Good job. I moved from the first video of your to this second one. The question and answer method in the video is much helpful.
My mom bought one kislux and she loves it. It had been there for over 10 years when she went out with it.
Really appreciate this, thank you!
Glad it was helpful!
Thanks for your review!
My pleasure! 😇
Great video! Just wondering does the app provide price tracking for coins in a number of currencies? For example I'm from Australia and want to see what Bitcoin is worth in AUD? Thanks in advance!
Yes, you can change the app currency to any currency in the world :)
Thanks for the video. Do they offer all the alt coins for storage?
It supports most of the altcoins, but if you have something specific in mind, it’s better to visit the Tamgem website. They have a list of all supported coins with a search bar there.
Great channel! Thanks, I am a new sub.
I prefer a seed phrase. 2.0 has that.
Agree 👍
Very good video. Short, to the point, well edited, very good prodtion quality.
Maybe you could do a follow up video showing hiw the app itself works for depositing and withdrawals.
Sure, i have a plan to do a full guide 👍🏻
6:59 one eye is green one eye is blue
No way 😅 how did you even noticed it :)
@@Mikita101 I have to hold back when I watch movies or go to live concerts, because I see all the stuff you're not supposed to see. Sometimes it can be annoying if I just blurt it out. 😅
Very cool concept! But what happens, if the Tangem app goes offline or the company goes bankrupt?
I actually answered this question on the channel.
You will be able to use the wallet in case of bankruptcy, or even if app will be deleted from the App Store
Great review. I just bought the classic wallet earlier this year. Can we still use the old one, i don't want to spend more money since i just bought it and i don't need the seed phrase?
If you are not planning to use it with the seed phrase, there is no need to upgrade.
Cuz, basically it’s the same wallets, but the new one has updated design and option to import seed phrase
Thanks so much! So you are saying we dont really need to use the seed phrase? Heaven forbid, in the event the phone is lost but we still have our 2 cards, are our funds recoverable? Appreciate you!
Yes
I bought tangem with two cards. What if I lose one card, can I recover my wallet with only one card?
Sure, as long as you remember your Access Code to this card
I hoping someone can answer my question here: I just had my Tangem 3 cards a week ago and it's all up and running now. But my question is, say I lost my phone where I have all my cyptos, I can retrieve them all from the cards? if there's always changes like crypto transaction in the phone that I have lost, how does the cards can have all the copies identical to the phone that have lost? Is the phone and your cards sync together?
Yes, you can easily restore access to your wallet. And here is how it works.
1) All your crypto is stored on a blockchain. It’s like having a bank vault, and only you can access it using a digital key.
2) Tangem cards are digital keys that provide you access to your assets.
3) The phone is only the interface that displays information. There is actually nothing stored on the phone. And there is no sync between cards and phone.
@@Mikita101 thanks for taking time to answer.
answer # 1 All my cryptos are stored in the blockchain. You're saying everyone's crypto, correct? Thx
What's the difference with tangem and Trezor wallet now?...they're the same?..
Are the trezor also considered digital keys, I also have those trezor wallet...thanks for the reply Mikita 101, appreciate it
Do you know if Tangem have changed their interface on the IPhone App, since I do not see the "Add Wallet" feature when I clicik on the three dots in the top left of the home screen?
Hello. How do i add bitcoin lightning to my tangem wallet? Is there such a thing? How do you transfer bitcoin through the bitcoin lightning network?
Tangem only has 12 word seed
But you can import into it any Seed Phrase. Even 24 words
@@Mikita101 Thank you Mikita. At what point do you put your phone on airplane mode while setting up seed phrase?
At the point before seed phrase generation, and after you wrote it down - you have to turn off the airplane more to continue the setup of the wallet
Can you access tangem wallet only on your smart phone? Can it be used with a laptop? I do all my crypto stuff on pc, none on my phone.
Hello, Friends, I have a Ledger and would like to buy also the Tangem. Can I set the Tangem so that it functions like a "parallel" to the Ledger? I.e. can I have two different hardware solutions that back-up each other? Or do I have to choose just one of them and forget the other? Thank you very much!! Pavel
Hey, can i buy NFC readers and instal Tangem in Macbook ?? I want to avoid the phone completely
I want to create my tangent wallet with the seed phrase from my Exodus wallet. What will happen with my Exodus wallet as a result?
- will the funds be gone on my Exodus wallet?
will my Exodus wallet still be active with the same phrase?
- will I then have two wallets (Exodus and Tangem) with identical seed phrases?
Thanks for all you do and your help
Third option. You’ll have two wallets with identical seed phrase
@@Mikita101 thank you for your answer.
My exodus supports THETA coin but Tangem does not. Will this be a problem?
Great work and easily understood narrative 👍👍👍👍
No, it’s not a problem. But you’ll be able access THETA only from Exodus for now.
@@Mikita101 thank you sooooo much and good luck with your channel
Have a great Christmas.
Hello I Bought the Tangem 2.0 3 cards and I accidentally clicked on create wallet and I was not able to to get a seed phrase,. Is there a way to start all over and generate 12 or 24 seed phrase just in case I loose all 3 cards ?? Thanks
Yes, you can reset you cards in the app settings. And then setup your wallet using Seed Phrase. WARNING ⚠️ You’ll need to transfer all your funds to some other wallet first. Otherwise you’ll lose all your funds.
Thanks . There a video on how to do that?
What happens when you change your phone?
You’ll need to import old wallet to the new phone in the app, and then you can continue using your crypto.
As long as you remember access code or have at least two card, that’s not a problem
How secure is the first tangem version compared to 2.0?✌🏽😊
It’s basically the same wallet. if you have version one and not going to use seed phrase - there is no need to update
is there a phone < $200 which has nfc
Probably, a lot of Androids have NFC
Like Xiaomi / Redmi
I want to use seed phrase but how can i get avoid being watched?
I don't like the fact that my funds depend on a chip, even if they say they are super durable, no, I prefer seed words
oh so someone can take two of your cards and create new access code
Yes exactly, that’s why you need to store them in a separate locations
@@Mikita101 maybe it’s possible to create separate access codes for each card?
Probably, yes you can do it in the app.
But still if someone will have access to 2 of your Tangem card, it will be possible reset access code
Thank you 🙏🏼 for the videos! Very helpful! I recently set up my 3 cards. During the set up it prompted me to scan all three cards. I set up the access code. Card #1 I can access. However card #2 & #3 when I try to use them, it’s states it’s the wrong access code. Where did I go wrong?
Hi Mikita are you interested in doing a video review of a Pancakeswap trading bot ?
Mikita, please! how to move tangem wallet to a new cell phone?
So you just need to press add new wallet on your phone. You’ll find there option to import an existing wallet.
@@Mikita101 thanks, i got it but the assets from old wallet as always must be transferred to a block chain before that, right?
If you store your assets on Tangem, they are already on a blockchain.
But I’d import wallet on a new phone, before delete the app from the old one
Интересно , я купил только что , белый кошелек 😅
Like
Thanks
Yes the color of the kislux is beautiful and it is a great decision, maybe one day they will add feet and straps. It would be nice to have a bigger bag during the colder months when we have to store gloves, beanies, scarves, etc…